Cottonwood, ID Mortgage Rates and Refinance Rates

Mortgages in Cottonwood, ID: Find the best Cottonwood, ID mortgage rates today from banks and credit unions. When results are displayed for mortgage rates in Cottonwood, ID, you can easily sort your search results by lender, rate, APR and points so you can easily compare results. Whether you’re looking for conforming, jumbo, adjustable or interest-only mortgage rates in Cottonwood, ID. Another option is searching for Cottonwood, ID refinance rates if you're looking to refinance a loan. Best of all you don't have to provide any personal information to see a list of Cottonwood, ID mortgage rates or refinance rates.

Search and Compare Cottonwood, ID Mortgage Rates & Refinance Rates

Cottonwood, Idaho Conforming Mortgage Rates and Refinance Rates

Conforming home mortgage rates in Cottonwood, ID are the most popular type of mortgages rates you can find advertised for home buyers in Cottonwood, ID. Conforming mortgages, also known as conventional mortgages, are mortgages that meet certain criteria set out by Federal Housing Finance Agency (FHFA). There is a loan limit set for each county in the United States. Higher mortgage loan limits are set for high housing cost areas. Cottonwood, ID mortgages that 'conform' to the standards set out by the Federal Housing Finance Agency can be purchased by government sponsored entities (GSE) like Freddie Mac and Fannie Mae. This process guarantees Cottonwood, ID banks, mortgage companies and credit unions are able to resell home mortgage loans that they make. This process also makes Cottonwood, ID conforming mortgage rates and refi rates lower than Cottonwood, ID jumbo mortgage rates and jumbo refinance rates because the GSE's can’t purchase jumbo mortgages that are made by Cottonwood, ID home finance companies, credit unions and banks.

Jumbo Mortgage Rates and Refinance Rates in Cottonwood, Idaho

Jumbo mortgage rates in Cottonwood, ID are advertised for home loans that have a dollar amount that is higher than conventional loan amounts. Jumbo mortgage rates and jumbo refinance rates are always higher than conventional mortgage rates for both fixed mortgage rates in Cottonwood, ID and adjustable mortgage rates in Cottonwood, ID. Interest rates are higher because third party investors buy the home loans credit unions, banks and mortgage companies in Cottonwood, ID make.

Cottonwood, Idaho Fixed Mortgage Rates and Fixed Refinance Rates

Cottonwood, ID fixed rate mortgages are the most common mortgage available to borrowers. With a fixed mortgage the interest rate stays the same for the entire loan period. Fixed mortgages are available in 40 years, 30 years, 20 years, 15 years and 10 years. The longer the mortgage term the lower the monthly mortgage payment will be.

Cottonwood, Idaho Adjustable Mortgage Rates

Adjustable Cottonwood, ID mortgage rates are fixed for a period of time and then the mortgage rate adjusts every year after. The most common adjustable mortgages terms available in Cottonwood, ID are 1 year, 3 year, 5year and 7 year. Adjustable rate mortgages are advertised as 1 year, 3/1, 5/1 and 7/1. Adjustable mortgages are available for conforming dollar amounts and jumbo dollar amounts in Cottonwood, ID. Most adjustable mortgages in Cottonwood, ID have yearly caps and life time maximum caps on how high the interest rate can fluctuate.

Google Map for Cottonwood, ID Rates & Resources

Cottonwood FDIC Insured Banks

Bank Name

FDIC Cert Number


U.S. Bank National Association

6548 104 Main Street, Cottonwood, ID 83522

Wells Fargo Bank, National Association

3511 316 Main Street, Cottonwood, ID 83522